$10,000 Closing Credit¹
#202423853, Listing Office: Pacific Image Properties
$1,999,000 List price
750 Makaleka Ave Honolulu, HI 96816
$10,000
Closing credit¹
8 beds
4 full
2,425 sqft
$824 / sqft
House
Property details
About 750 Makaleka Ave
Investment Opportunity in Desirable Kapahulu! This multi-family property sits on a large, level 7,036 sq ft lot with ample parking for 8+ vehicles, offering tremendous potential for the savvy investor or builder. The existing structure features 3 separate units—two 2-bedroom, 1-bath units upstairs and a 4-bedroom, 2-bath unit downstairs. The downstairs area has the potential to be split into two additional 2-bedroom, 1-bath units, perfect for rental income. The dwelling is in need of updates, but the A-2 zoning opens up exciting possibilities, including the potential to build an apartment complex—investors can explore maximizing this lot’s value. Conveniently located near parks, golf courses, shops, restaurants, and with easy access to beaches and town, this property is an ideal spot for future development or as a rental property. The property is vacant, making it a fantastic opportunity for someone looking to remodel, rent out the units, or capitalize on the land value.
Highlights
Home typeSingle Family Residence
StatusActive
Size2,425 sqft
Year built1973
ParkingDriveway, Three or more Spaces, On Street
MLS #202504967
Summary
- MLS Number: 202504967
- MLS Name: HICMLS
- Office Name: Compass
- Office Phone: (808) 825-4277
- Agent Phone: (808) 722-2341
- Agent Email: myagent@jenishii.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,999,000
750 Makaleka Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,956,400 | $6,501 |
| 2023 | $1,857,500 | $6,359 |
| 2022 | $1,816,900 | $5,956 |
| 2021 | $1,701,900 | $5,917 |
| 2020 | $1,690,700 | $5,917 |
| 2019 | $1,569,200 | $5,271 |
| 2018 | $1,506,100 | $5,271 |
| 2017 | $1,450,100 | $5,075 |
History based on county public records data.
Nearby schools
4
Prince Jonah Kuhio Elementary School
Public District PK-5
0.5 mi
•2759 S King St
8
King Liholiho Elementary School
Public District PK-5
0.6 mi
•3430 Maunaloa Ave
8
President Thomas Jefferson Elementary School
Public District PK-5
0.7 mi
•324 Kapahulu Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. Residents of Honolulu, HI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
34%
<35k
49%
35k-100k
14%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
9%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
33%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Live Theatre
Where do the neighbors shop?
IKEA
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Boston Market
What do the neighbors drive?
Lexus
Toyota
Mercedes
What do the neighbors listen to?
Soft Adult Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 750 Makaleka Ave
This home is located at 750 Makaleka Ave in Honolulu, HI and zip code 96816 in the Diamond Head / Kapahulu / Saint Louis Heights neighborhood. This 2,425 square foot home was built in 1973. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $1,999,000.
While more than 24 listings in Honolulu, HI in February 2025 were sold above asking price, there were more than 44 listings sold at asking price, and more than 127 were sold below. The number of listings in Honolulu, HI increased by 10.2% between January and February 2025. In February 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $699,719.
From Rocket Homes Real Estate and based on county public records data.